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The Mutual Bank Steps into the Future with New Legal Name

Announcement posted by Thurnham Teece 30 Sep 2019

The Mutual Bank has announced the change of its legal name from Maitland Mutual
Building Society Limited to ‘Maitland Mutual Limited’, following a majority vote at the
organisation’s Annual General Meeting (AGM) on 26th September 2019.

In March Maitland Mutual Building Society Limited commenced trading as The Mutual Bank.
Chairman of the Board Trevor Robinson said the changes to the organisations trading name
and legal name are an important step in laying the foundations for the organisation’s future
growth and development.

“The removal of the term ‘Building Society’ from our name signifies our development as a
business in alignment with our community and members’ needs. The Mutual Bank has, and
continues to evolve and our new trading and legal names better articulate what it is we do
for our members and the role we play in the financial landscape of the Hunter Region,” said
Mr Robinson.

“Our organisational structure and operations will not change as a result, we are and will
continue to be a member-owned financial institution, with our priorities as an organisation
resting firmly on delivering exceptional financial products and services for our members,”
said Mr Robinson.

The change in The Mutual Bank’s legal name was unanimously recommended by the Board
of Directors and put to a member vote, the greater part being tendered through postal
submissions and attendance at the AGM and a resounding majority in favour of the
adoption of the new name.

The use of ‘Maitland Mutual Limited’ as the new legal name for The Mutual Bank will
commence upon registration with ASIC.

About The Mutual Bank:
Maitland Mutual Limited, trading as The Mutual Bank, is a customer-owned, membercentric
organisation committed to delivering industry leading service and financial products
to the Hunter Region. Established in 1888, The Mutual Bank is one of the Hunter’s oldest
financial institutions. https://www.themutual.com.au/